San Diego County CU Launches Fiservs ZashPay P2P Solution
SAN DIEGO – San Diego County CU has become one of the first financial institutions to implement Fiserv’s new ZashPay person-to-person payments service, which allows users to send or receive money using their existing online accounts.
With ZashPay, users can send money to anyone in the U.S. using only the recipient's name and e-mail address or mobile phone number. The payment will be deducted directly from the sender's credit union account and deposited into the recipient's account, utilizing the same secure processes as an online transaction.
ZashPay can be accessed through the websites of participating financial institutions, or at ZashPay.com. Users who access the service at ZashPay.com will be able to use their existing bank account to send money, and will not be required to fund a separate account – ZashPay will simply enable the transfer of funds electronically.
Also implementing ZashPay is The Golden 1 CU.